Understanding the Voluntary Liquidation Process.

A step by step guide to Company Liquidation.

The actual process of Liquidating your company is very straightforward, at least from your point of view.   In only a matter of weeks you can put the debts of the past behind you.

Step 1 – Talk to us on 0330 088 11 32.
 Voluntary Liquidation is something you are not allowed to do yourself. You will need to appoint a Liquidator.
Step 2 – Any company assets are valued.
If you would like to go back into business, you can buy these back at this stage.
Step 3 – A ‘statement of affairs’ is drawn up. 
This is just an analysis of the company, and the chances of any money going back to the company’s creditors.
Step 4 – Meeting of Creditors.
A meeting of creditors is called in order that any concerns they have may be raised. These meetings are rarely attended.
Step 5 – Meeting of Shareholders. 
As the shareholders are the owners of the company, they must give up their ownership in order to Liquidate the company.

…and that’s it!

How can we help

Unlike other Liquidation Companies, we have structured ourselves and our Voluntary Liquidation Services in a way that benefits you the most.
By Liquidating through us, we will
:-
  • Ensure you are aware of any problems before you commit
  • Make sure your Liquidation goes as smoothly as possible
  • Deal with any problems before they arise
  • Reduce the chances of needing us again
  • Take as much pain as possible out of Voluntary Liquidation

To make a fresh start in Business today - call 0330 088 11 32 now.